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HomeMy WebLinkAbout4398 RESOLUTION NO. 4,398 A RESOLUTION APPROVING COMPREHENSIVE CITY DEMONSTRATION PROGRAM; AUTHORIZING THE CITY MANAGER TO EXECUTE A GRANT AGREEMENT WITH THE UNITED STATES OF AMERICA; AND FOR OTHER PURPOSES . WHEREAS , the City of Little Rock desires to carry out a comprehensive city demonstration program (herein referred to as the "Program" , attached hereto and made a part hereof) with Federal financial assistance under Title I of the Demonstration Cities and Metropolitan Development Act of 1966 (herein called "Act") ; and WHEREAS , the Act requires local governing body approval of the Program as a condition for eligibility for assistance. NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . The Program, including the projects and activities set forth in the grant agreement , is hereby approved. SECTION 2 . The City Manager is authorized to execute a grant agreement with the United States of America and to do all things necessary in order to carry out the Program including the submission of such reports , certifications and other material as the Secretary of Housing and Urban Development shall require. SECTION 3 . The Board of Directors assumes full responsibility for assuring that all grant funds Will be used in an economical and efficient manner in carrying out the Program and assures the necessary non-Federal share of the cost of Program Administration. SECTION 4 . The City Manager and Director of Finance or their successors or delegates may do all things required to be done in order to obtain payment of the grant, including but not limited to the selection of a commercial bank to receive payment vouchers , the submission of signature specimens , and the filing of requests for payment. SECTION 5 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: June 15, 1970 ATTEST: C APPROVED :C City Clerk Acting Mayor